The Two Least Profitable Corporations In America By Far, For The Second Year Running



Perhaps the two least profitable corporations in history are still gushing cash, and taxpayers are still bailing them out.Fannie Mae and Freddie Mac both lost $14 billion in 2010.

The government sponsored entities were the first and second biggest losers on the new Fortune 500. The next biggest losers were Sprint at $3.5 billion, Energy Future Holdings at $2.8 billion and Bank of America at $2.2 billion.

Fannie’also topped the list in 2009 with a $72 billion in losses. Freddie came in second that year with a $22 billion loss.

In 2008 Fannie & Freddie lost more money than all but AIG.

See more at the Fortune 500 >

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